Volume-Split Signals with Remaining Power and Event-Line Trade Management

Summary

This strategy estimates buying and selling volume in two ways. Its geometry method allocates each bar's volume according to where the close sits within the high-low range, while its intrabar mode requests up and down volume at a chosen lower timeframe. The script tracks data coverage and, in strict intrabar mode, requires valid lower-timeframe observations across the lookback window; it does not silently substitute the geometric estimate when those observations are missing.

The strategy combines its volume and price analysis into a matrix, event lines, rank labels, a regression channel, and signals based on remaining power, opponent dominance, and decay. It can enter long or short positions, pyramid entries, set stops and targets around event lines, and close on an opposing signal. The script sets example execution and sizing parameters, but the supplied material contains no strategy report or evidence of profitability. Geometry-based volume is an approximation, and precise results depend on lower-timeframe data availability and chosen settings.

Key ideas

• The geometry mode estimates buy and sell volume from the close's location within a candle's range.
• The intrabar mode uses lower-timeframe up and down volume and halts valid outputs when required data is missing.
• Signals use remaining power, opponent dominance, and a decay-angle limit to evaluate entries.
• Event lines provide reference levels for configurable stop losses and take profits.
• The strategy supports both directions, optional pyramiding, and exits on an opposing signal, but no performance evidence is included.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.